Insider Buying: Sabre Insurance Group (LON:SBRE) Insider Purchases £201.60 in Stock

Sabre Insurance Group plc (LON:SBREGet Free Report) insider Geoffrey Richard Carter purchased 120 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were acquired at an average cost of GBX 168 per share, with a total value of £201.60.

Geoffrey Richard Carter also recently made the following trade(s):

  • On Monday, August 10th, Geoffrey Richard Carter acquired 113 shares of Sabre Insurance Group stock. The shares were acquired at an average cost of GBX 176 per share, with a total value of £198.88.

Sabre Insurance Group Price Performance

Shares of SBRE traded up GBX 2.80 during mid-day trading on Friday, reaching GBX 171. The company’s stock had a trading volume of 34,023 shares, compared to its average volume of 1,303,385. Sabre Insurance Group plc has a 12-month low of GBX 123 and a 12-month high of GBX 188.80. The stock has a market cap of £412.86 million, a PE ratio of 11.45, a price-to-earnings-growth ratio of 4.08 and a beta of 0.07. The company’s 50 day moving average is GBX 176.99 and its 200 day moving average is GBX 162.92.

Sabre Insurance Group (LON:SBREGet Free Report) last posted its earnings results on Tuesday, August 4th. The company reported GBX 7.33 earnings per share for the quarter. Sabre Insurance Group had a return on equity of 14.67% and a net margin of 16.49%. As a group, sell-side analysts anticipate that Sabre Insurance Group plc will post 19.083558 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on SBRE shares. Jefferies Financial Group restated a “hold” rating and issued a GBX 152 target price on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Berenberg Bank reissued a “buy” rating and issued a GBX 200 price target on shares of Sabre Insurance Group in a research report on Wednesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 180 price objective on shares of Sabre Insurance Group in a research note on Wednesday, August 5th. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 200 price objective on shares of Sabre Insurance Group in a report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Sabre Insurance Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 183.

View Our Latest Report on Sabre Insurance Group

About Sabre Insurance Group

(Get Free Report)

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.

See Also

Insider Buying and Selling by Quarter for Sabre Insurance Group (LON:SBRE)

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